Peak Condos — Rental Market Data

Peak Condos has three active listings as of August 31, 2026, with asking rents ranging from $2,150 to $2,200 per month, an average of $2,183 per month, and a median of $2,200 per month. The three available suites average 649 square feet at an asking rate of $3.37 per square foot, and 100 percent of active inventory is one-bedroom-plus-den layouts. Current availability leans toward compact entry-level suites rather than multi-bedroom executive configurations, with no two- or three-bedroom units currently listed.

All three active listings at Peak Condos are one-bedroom-plus-den units, representing 100 percent of available inventory in a small-selection tier. The tier averages $2,183 per month in asking rent across 649 square feet at $3.37 per square foot, with a median asking rent of $2,200 per month. No other bedroom tiers—studio, two-bedroom, or three-bedroom—currently have active listings at this building.

Peak Condos shows a minimum entry asking rent of $2,150 per month and a peak asking rent of $2,200 per month, producing a dollar spread of $50 and a percentage spread of 2.3 percent. The median asking rent sits at $2,200 per month. The entry-level suite is a one-bedroom-plus-den at 658 square feet priced at $3.27 per square foot, while the peak suite is also a one-bedroom-plus-den at 650 square feet priced at $3.38 per square foot, reflecting a modest rate differential driven by slight footprint variation rather than layout differences.

Peak Condos does not have a quantified active den premium or square-footage delta, as the data sample is insufficient to isolate a reliable marginal cost for den space. Active parking premiums also cannot be reliably isolated due to an anomalous outlier or insufficient paired sample in the current listing set. However, historical closed leases at this building show a verified parking stall cost of $108 per month, which serves as the most recent confirmed reference point for renters budgeting for a parking spot.

Peak Condos asks an average of $2,183 per month at $3.37 per square foot, compared to the Dundas submarket average asking rent of $2,352 per month at $3.32 per square foot. The building's nominal asking rent is lower than the submarket average, but its rate per square foot runs 1.5 percent above the submarket asking benchmark, a gap explained by the more compact 649-square-foot active footprints versus larger suites elsewhere in the market. Peak Condos accounts for three out of 61 available listings in the Dundas submarket, representing approximately 4.9 percent of total active inventory.

Peak Condos at 1936 Rymal Rd E carries an all-time average realized lease rent of $2,196 per month, which sits $55 below the Dundas submarket benchmark of $2,251 per month, and no direct nearby competitor buildings were identified to provide a building-level rent spread comparison. With zero comparable buildings recorded in the trailing 180-day window, there are no named peers against which to isolate a head-to-head rent differential. The subject's 30-day average of $2,100 per month and 90-day average of $2,083 per month both trail the submarket asking average of $2,352 per month, indicating the building is pricing at a competitive discount relative to the broader Dundas rental pool of 61 active units. Tenants who closed leases in the trailing year also negotiated an average concession of $46 per month (2.08% below asking), further compressing the effective rent gap against the submarket norm.

Peak Condos trades at $3.04 per square foot on an all-time basis against the Dundas submarket leased benchmark of $3.20 per square foot, offering a roughly 5% rate discount while delivering a 733-square-foot average suite that exceeds the submarket's typical footprint. Because no direct comparable buildings were identified within the search radius, the value proposition must be assessed against submarket averages rather than named peers, and the subject's 30-day realized rate of $3.33 per square foot briefly exceeds the submarket benchmark before the longer-term average pulls back below it. Tenants in the Dundas pocket gain additional interior square footage at a lower per-square-foot cost than the submarket norm, a trade-off that favours renters prioritizing usable living space over premium amenity density or ultra-compact efficiency layouts.

Peak Condos at 1936 Rymal Rd E offers a seven-feature lifestyle package—including a gym and fitness centre, rooftop terrace, party and lounge room, BBQ area, games and billiards room, on-site day care, and a parcel/mailroom—positioning it as a mid-range amenity offering in the Dundas submarket. With no named competitor buildings identified in the immediate radius, the amenity profile cannot be directly contrasted against specific peers, but the inclusion of on-site day care and a rooftop terrace distinguishes the building from typical no-frills residential stock and signals a family-oriented, community-focused positioning. The absence of aquatic or wellness facilities, dedicated remote-work or meeting spaces, and pet-specific amenities places the package below luxury-tier competitors while remaining well above bare-bones rental buildings. This lifestyle mix best serves young families and dual-income professionals in the Dundas area who value on-site childcare, social gathering space, and outdoor recreation without paying a premium for resort-grade facilities.